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Brazil's steep recession forecasted to continue in 2017 as economic pessimism deepens

Tuesday, April 19th 2016 - 00:44 UTC
Full article 8 comments

As the political battle to remove president Dilma Rousseff rages on, with both sides seeming to ignore the necessary confidence and certainty for normal business, economists are becoming increasingly pessimistic about Brazil's economic outlook. Read full article

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  • Skip

    Brazil has many problem. All fixable. But the worst one is the constitution.

    Perhaps this crisis will prompt and empower a new or revised constitution that does away with so many problems.

    Apr 19th, 2016 - 03:18 am - Link - Report abuse 0
  • Hepatia

    http://en.mercopress.com/2016/04/19/brazil-s-steep-recession-forecasted-to-continue-in-2017-as-economic-pessimism-deepens#comment438045: Which constitutional problems are you referring to? As I see it the constitution is working just fine.

    Apr 19th, 2016 - 03:23 am - Link - Report abuse 0
  • Skip

    Well Hepatia, you are at least consistent in your ignorance.

    Perhaps do some research.

    Apr 19th, 2016 - 04:33 am - Link - Report abuse 0
  • golfcronie

    Hepatia has it right, it is just fine for the Brazilians as they can't see a finger in front of their noses. Hepi is so indoctrinated that he and most Brazilians stick their heads in the sand and hope things will get better , that or start banging pots and pans PMSL at some of the antics.

    Apr 19th, 2016 - 07:42 am - Link - Report abuse 0
  • L0B0MAU

    Good bye economy! Welcome corruption!
    VERY soon many Brazilians are most likely to prefer migrating to Venezuela as the REFUGEES.

    Apr 19th, 2016 - 11:08 am - Link - Report abuse 0
  • LatAmBurgher

    @1 At the university, some of my professors had a rule on term papers: 10 pages maximum. After page 10, whether you made your point sufficiently or not, the professor stopped reading.

    The Brazilian Constitution of 1988 can be found here in English:
    http://english.tse.jus.br/arquivos/federal-constitution

    The U.S. Constitution can be found here:
    http://english.tse.jus.br/arquivos/federal-constitution

    Why it takes over 400 pages to cover public responsibilities, basic rights and protections against abuse, I cannot fathom. Maybe long. elaborate legal texts could explain why Brazilian politicians neither have a great understanding of the law, nor feel inclined to carry it out.

    Apr 19th, 2016 - 02:50 pm - Link - Report abuse 0
  • Jack Bauer

    The political and economic crisis, fueled by the Govt's incompetence and the huge corruption scandals, have absolutely nothing to do with the Constitution........ No Constitution will prevent the wheeling and dealing that goes on in Congress and the State-run companies, by politicians and their appointees, for personal gain....it's all a matter of attitude, which here in Brazil is a lost case.

    Apr 19th, 2016 - 02:52 pm - Link - Report abuse 0
  • L0B0MAU

    NOBODY is worried or wants to “waste” their time to get the country out of any crisis.

    They are only concerned about their ridiculously high salaries & the Other “Fringe-Benefits”!
    - The fight is after all for:
    1: grabbing as much power as possible
    2: staying in power as long as possible
    3: stealing as much as possible AND
    4: getaway with it all, without being discovered!
    Watch the “investigations” disappear into thin air!
    :o))

    Apr 20th, 2016 - 01:28 am - Link - Report abuse 0

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